Private equity (PE) and venture capital(VC) industry has become a key anchor for the Indian economy with companies funded by them emerging as most significant job creators and also major contributors to the country's tax revenue, industry body IVCA said on Monday. At the 9th annual conclave of the Indian Private Equity and Venture Capital Association (IVCA) here, a report released by IVCA and Zinnov also showed that 70 per cent of the jobs were created by VC funded companies in India.